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The Latest Breaking News from Vivendi

Valve was "pretty close to going bankrupt" until it was saved from a pre-Half-Life 2 lawsuit by a summer intern who happened to major in Korean language studies

Gabe Newell's personal finances were on the line too

GamesRadar

Gabe Newell was diving when a shark tried to bite him 'a couple of times' but 'it didn't really bother me... I just think that's how I'm wired'

"I just seem to not get particularly agitated around risk."

PC Gamer

Valve signed a deal for Counter-Strike 2 in 2003 because they were 'running on fumes', and Gabe Newell was so happy he made a celebratory knife with his own hands

Of course, "it took us a long time to ship Counter-Strike 2."

PC Gamer

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A summer intern once saved Valve from a near-fatal lawsuit after a publisher 'decided to go World War 3' on it, and it all hinged on one email

"The company was pretty close to going bankrupt, I was pretty close to going personally bankrupt⁠—we went all in, there was no money left"

PC Gamer

"It's certainly a universe many folks here at the studio wonder about returning to," says Double Fine Productions when asked about making a sequel to the cult classic Brütal Legend

Double Fine Productions celebrates the 15th anniversary of it's cult-classic action-strategy game, Brütal Legend, by looking back on its history and answering fans questions about plans for a potential sequel.

Windows Central

As Ubisoft struggles and shareholders sweat, Tencent and the Guillemot family are reportedly looking at a buyout

Nothing is carved in stone, but one possible outcome of talks would be to take Ubisoft private.

PC Gamer

Vivendi plans to float Canal+ in London in boost to UK markets

Media group controlled by Vincent Bolloré to break up, with advertising company Havas to list in Amsterdam

The Guardian - UK

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Reporters Without Borders accuses French billionaire-linked firm of ‘vast campaign to discredit’ it

Paris-based media advocacy group Reporters Without Borders has alleged that a PR firm linked to conservative French businessman Vincent Bolloré is leading a “vast disinformation campaign” to “discredit” it.

Newslaundry

Embezzlement-accused French Media Scion Reinstated As CEO

French media baron Arnaud Lagardere, who resigned from running the sprawling group of the same name in April over embezzlement charges, was reinstated as chief executive Friday after a favourable court decision, the company said.

International Business Times

Vivendi climbs as media group explores splitting into 3 businesses

Vivendi says the split would 'fully unleash the development potential of all its activities.'

The Street

Devs from The Simpsons Hit & Run say the game could've had four sequels, but the publisher said nah: 'The stars [were] aligned … and then it was just: huh, I guess we're not [making them]'

D'oh.

PC Gamer

It's been 20 years, and The Simpsons Hit and Run developers are just as surprised as you that the cult open-world game hasn't got a sequel yet

Plans for a proposed follow-up are just salt in the wound at this point

GamesRadar

Should You Consider Walt Disney (DIS) and Vivendi (VIVHY) for Your Portfolio?

Despite economic challenges, the entertainment industry is growing thanks to tech adoption and improving user experience. Factors like widespread internet use, new offerings, and emerging technologies boost the industry’s long-term potential. Now, let’s evaluate if entertainment stocks The Walt Disney Company (DIS) and Vivendi SE (VIVHY) are worth investing in…

StockNews.com

The original Diablo 3 was canceled, and it looked surprisingly similar to Diablo 4

Blizzard North's vision for Diablo 3 looks oddly familiar, but it wasn't meant to be.

PC Gamer

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The Guardian - UK

The UK reined in Rupert Murdoch. Why can’t we stop Vincent Bolloré in France?

The billionaire is poised to gobble up titles like Paris Match and publisher Hachette. Europe must intervene to uphold media freedom

Radio France Internationale

Top French companies pay zero tax, despite year of record profits

The weekly magazine L'Obs is pleased to report that the leading French businesses made record profits in 2021, while the rest of us were cowering in fear of the coronavirus. But did they all pay reasonable taxes in France on those record earnings? L'Obs asked them just that.

The Guardian - UK

Bill Ackman to wind up Spac and return $4bn to investors

Billionaire says he failed to find a suitable company to take public using his investment vehicle

Radio France Internationale

French business tycoon Vincent Bolloré retires, but unlikely to let go

French billionaire and media mogul Vincent Bolloré officially retired on Thursday this week, the day of the family business bicentenary, without having clearly designated his successor. It came just a day after a group launched an appeal to denounce his increasingly "tentacular" media empire.

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PC Gamer

Every game company that Tencent has invested in

A quick reference of how China's largest tech conglomerate has quietly expanded into videogames.

People

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